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# elliottwave
6.32K
ELIX
🚨 Macro Structure Still Intact — Higher Timeframe View
Zoom out.
Price is respecting a multi-year ascending channel with clean Elliott structure: Wave (1) → (2) → (3) → (4) unfolding perfectly.
Current move?
A textbook Wave (4) pullback into channel support — not a breakdown.
Every prior corrective phase (A-B-C) inside this structure: • Shook out late longs
• Reset sentiment
• Built fuel for the next expansion
Now we’re sitting at dynamic trendline support again.
If structure holds, Wave (5) doesn’t crawl… it accelerates.
And when it goes, it goes vertically.
The bigger the base, the stronger
Zoom out.
Price is respecting a multi-year ascending channel with clean Elliott structure: Wave (1) → (2) → (3) → (4) unfolding perfectly.
Current move?
A textbook Wave (4) pullback into channel support — not a breakdown.
Every prior corrective phase (A-B-C) inside this structure: • Shook out late longs
• Reset sentiment
• Built fuel for the next expansion
Now we’re sitting at dynamic trendline support again.
If structure holds, Wave (5) doesn’t crawl… it accelerates.
And when it goes, it goes vertically.
The bigger the base, the stronger
BTC-2.39%
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